Walmart China focus of Bloomberg expose

Walmart’s integrity suffered a blow this week in a Bloomberg piece with the inflammatory headline, “How Walmart made its crumbling China business look so good for so long.”

Bloomberg reporters probed Walmart’s business practices in China after a recent deterioration in sales trends and the departure of executives. Although the reversals seem abrupt, cracks in the foundation of Walmart's retail business in China have been developing for years, hidden by questionable accounting and unauthorized sales practices, according to employees and internal documents reviewed by Bloomberg.

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